01
Nov
16:59
Turkish wire rod producers find global demand unsatisfactory
Turkish wire rod producers are yet to see a recovery in global wire rod demand, but they have nevertheless kept their prices stable on-week at $445-460/tonne fob for mesh quality. However, lower-priced offers were also available in the Turkish market last week.
Scrap quotes have increased to above $260/t cfr Turkey. In the two new scrap bookings, HMS I/II 80:20 seems to be standing at $254/t and $258/t cfr from the EU and USA respectively, although these booking…
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Anonymous
Very good overview of the weekly steel market.
Anonymous